Parliament scraps controversial bank ownership provision
Dhaka, Sept. 9 -- Parliament on Wednesday passed the Bank Resolution (Amendment) Bill, 2026, scrapping a controversial provision that had created an avenue for former shareholders of banks brought under resolution to regain shares, assets and liabilities.
The passage of the bill came amid an uproar in the House after independent MP Rumeen Farhana launched a scathing criticism of the BNP while taking part in the debate, prompting loud protests from ruling party lawmakers.
Finance Minister Amir Khosru Mahmud Chowdhury moved the bill, which was passed by voice vote after disposal of proposals for public opinion, sending the bill to a scrutiny committee and amendments.
The bill repeals Section 18(a) of the Bank Resolution Act, 2026.
The p...
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